Chemoil’s Deliveries in GOM Reach 850,000 MT

Tuesday, June 02, 2009

SGX Mainboard-listed Chemoil (SGX-ST: CHEL.SI), physical suppliers of marine fuel products, has delivered more than 850,000 metric tons (mt) of marine fuels since the commencement of its offshore supply service in the Gulf of Mexico in August 2007.
 
Launched 22 months ago, Chemoil’s marine fuel supply service via Ship-to Ship (STS) operations is supported by chartered tankers MY Atlantic and Nordic Ruth. With a combined storage capacity of 50,000 mt of marine fuel, the two tankers provide continuous supply to sufficiently meet current demand in the US Gulf, and have the ability to undertake more voyages or increase tonnage as demand warrants.

 The operation provides for continuous supply coverage and service flexibility to very large crude carriers (VLCC) and smaller tankers in multiple locations including, but not limited to, Offshore Galveston, Texas and the Louisiana Offshore Oil Port (LOOP). Chemoil’s delivery service has a zero-incident record.

This offshore bunker service filled a gap in the market by providing customers with the economic and operational benefits of combining lightering and refueling in one location instead of making costly and time consuming deviations to refueling locations like the Caribbean.  Taking bunkers from an approved offshore STS zone has also enabled ship owners to avoid paying high barging fees and making bunker only calls in US and Caribbean waters.

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MN 100: AEP River Operations

16150 Main Circle Drive, Suite #400 St. Louis, MO 63017 Tel: (636) 530-2100  Email: info@aepriverops.com Website: www.aepriverops.com President: Keith Darling The

MN 100: Caterpillar Marine

Neumühlen 9 22763 Hamburg/Germany Tel: (713) 895-1449 Email: cat_power@cat.com Website: www.marine.cat.com Managing Director: Nigel Parkinson The Company: Caterpillar

Airbus May Sell Stake in Submarine Supplier

Airbus is considering a sale of its 49 percent stake in submarine supplier Atlas Elektronik as part of a reshuffle of its military business, German newspaper Die

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1668 sec (6 req/sec)